Ester Industries Limited — PPTs, 14-05-2026: Investor Presentation

Ester Industries Q4 & FY26: Strong turnaround in Q4!

1. **Business Performance:** Q4 FY26 saw a robust recovery. Consolidated income rose 7.2% YoY to ₹345.1 Cr, with Profit After Tax (PAT) surging 301% to ₹7.9 Cr. Polyester Films led the charge with Q4 revenue up 14.9% and EBIT jumping 73.3%. Specialty Polymers showed FY26 growth but a Q4 dip. rPET revenue dramatically increased 266% in FY26.

2. **Growth Drivers or Strategy:** Focus on a premium specialty product mix and sustainable innovation. Demand for Post-Consumer Recycled (PCR) content films is strong due to sustainability mandates. The company aims to increase value-added products to ~35% of total sales by Q4 FY27.

3. **Recent Developments:** Ester secured ₹165.25 Cr in capital infusion from a share warrant issue. A 50:50 JV with Loop Industries for a chemical recycling plant (US$180 Mn project, H2 CY28) secured Nike as an anchor customer for its recycled resin.

4. **Key Financial Metrics:** Q4 FY26: Revenue +7.2% YoY (₹345.1 Cr), EBITDA +10.7% YoY (₹43.3 Cr), PAT +301% YoY (₹7.9 Cr), EPS ₹0.81. For FY26, revenue increased 7.2% to ₹1,392.7 Cr, but the company reported a net loss of ₹27.5 Cr.

5. **Management Commentary / Outlook:** Management is optimistic about medium-to-long-term prospects, driven by sustained demand for sustainable packaging solutions. Focus remains on optimizing operational efficiencies and a premium product mix for profitable growth. A dividend of ₹0.25 per share has been proposed for FY26.